This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 3-bathroom apartment of 169 m² on the 2nd floor, built in 2019, energy rating B. Located on avenida dos Descobrimentos, Quarteira parish, Loulé municipality, Faro district. This apartment features expansive terraces that enhance outdoor living, complemented by a prime location adjacent to the Els Course, offering both leisure and luxury.
The valuation. The asking price of €649,000 is below the fair value of €713,992, reflecting a reasonable margin of €64,992 (9.1%). This positions the property as fairly priced within the current real estate market.
Fair value modelled at €713,992 from 6 comparable sales in the area. Asking €649,000 sits €64,992 (9.1%) below — the upside to fair value.
Asking €649,000 versus the avenida dos Descobrimentos area baseline of €662,240 (€3,919/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €662,240, adjusted for condition and micro-location, gives a modelled fair value of €713,992 (€4,225/m²), a €64,992 (9.1%) gap versus the €649,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida dos Descobrimentos | Subject | €649,000 | €3,840 | — | 80 | 64 |
| Quarteira · 4a8032 | Active | €550,000 | €4,264 | 11.0% | 75 | 72 |
| Quarteira · 834183 | Active | €595,000 | €3,967 | 3.3% | 75 | 65 |
| Quarteira · 3a710c | Active | €495,000 | €3,486 | 9.2% | 70 | 70 |
| avenida dos Descobrimentos | Active | €540,000 | €4,186 | 9.0% | 75 | 72 |
| Median comp | €545,000 | €4,077 | 6.2% | 75 | 71 |
Short-term vacation rental The 2-bed apartment in Quarteira offers a fair valuation with a slight 9.1% gap versus its fair market value. With a gross yield of 3.9%, it presents a moderate investment return potential for the short-term vacation rental market, especially given the area's reliance on seasonal tourism peaks. Long-term rental This property, while fairly priced, generates a gross yield of 3.9%, making it less appealing for long-term rental strategies in a location heavily influenced by tourism. The neighborhood score of 64/100 suggests average tenant quality, which may lead to challenges in tenant retention and rental price appreciation over time. Buy-and-hold The buy-and-hold strategy for this property can be seen as a stable investment due to its fair pricing and decent condition rating of 84/100. However, the reliance on seasonal tourism could limit long-term value appreciation, necessitating careful consideration of external factors impacting the housing market. Not ideal for: This property is not suitable for student housing or luxury market strategies, given the tourism-centric nature of Quarteira. Additionally, as an industrial investment, it would not fulfill the required criteria due to location factors.
Economic and Tenant Instability Risk With an economic stability score of 55/100 and a tenant stability score of 60/100, there is an elevated risk of inconsistent rental income due to potential economic fluctuations and tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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